CryptoReview
Submit listing

Binance.US vs bitFlyer USA

How Binance.US vs bitFlyer USA compare on our ratings, exchange specs, funding, pros and cons.

Binance.US4.1/5
VS
bitFlyer USA3.4/5
Feature
Binance.USVisit
bitFlyer USAVisit
Ratings
Our score4.1/53.4/5
User ratingNo reviews yetNo reviews yet
Fees5.04.0
Security & trust4.03.5
Asset selection4.03.0
Ease of use4.03.5
Support3.53.0
Specs
MarketsSpot, OTCSpot, OTC
Maker fee0%0.1%
Taker fee0.02%0.1%
Coins listed200Not disclosed
Fiat deposit methodsBank transfer, Card, Apple Pay, Google Pay, ACHNot disclosed
KYC required Yes Yes
Accepts US customers Yes Yes
Proof of reserves Yes No
Staking / earn YesNot disclosed
Mobile app Yes Yes
Licenses & registrationsFinCEN MSB, 32 US State Money Transmitter LicensesNew York BitLicense, FinCEN MSB, US Money Transmitter Licenses (49 states)
Security featuresU.S.-based cold storage, Multi-factor authentication, SOC 2 Type II certified, ISO 27001 certified, ISO 27701 certified100% cold storage, Multi-signature custody, 2FA
Futures & perpetuals No No
Copy trading No No
P2P market No No
Earn / savings products YesNot disclosed
User protection fund NoNot disclosed
Referral program YesNot disclosed
Company
Founded20192017
HeadquartersUnited StatesUnited States
InvestorsRRE Ventures, Circle Ventures, Foundation Capital, Original Capital +1Not disclosed
Strengths and weaknesses
Pros
  • 0% maker fees across all 250+ spot trading pairs
  • Zero-fee fiat deposits and withdrawals through bank ACH transfers
  • SOC 2 Type II and ISO 27001 third-party security audits
  • Staking support across 25+ proof-of-stake cryptocurrencies
  • Holds a New York BitLicense and regulatory licenses in 49 states
  • 0.10% entry spot fee on the Lightning book
  • Lightning terminal offers advanced orders like icebergs and trailing stops
  • Multi-signature cold storage for digital asset deposits
Cons
  • Unavailable to residents in 16 U.S. jurisdictions, including New York and Texas
  • ACH fiat deposits carry a mandatory 7-day withdrawal hold
  • Centralized custody model requires full trust in the exchange for fund safety
  • Mandatory KYC identity verification required before trading or depositing
  • Fined $1.2M by NYDFS in May 2023 for cybersecurity deficiencies
  • No public real-time cryptographic proof of reserves
  • Unavailable to residents of Hawaii
  • Mandatory KYC identity verification for all accounts
Best forU.S. spot traders placing limit orders, Investors seeking zero-fee ACH deposits, Proof-of-stake crypto holders earning rewardsUS traders requiring licensed exchanges, Active algorithmic spot traders, New York crypto investors

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.